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Chinese shares close mixed, energy stocks fall
+ -
17:04, July 04, 2008

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Chinese shares closed mixed on Friday. Coal shares dived on the market talk that the government will rise tax on coal production.

The benchmark Shanghai Composite Index was 33.64 points, or 1.24 percent down to close at 2,669.89 points. The Shenzhen Component Index gained 0.03 percent to 9,400.72 points.

Combined turnover on the two bourses decreased to 93.9 billion yuan (around 13.4 billion U.S. dollars) from 114 billion yuan on the previous trading day.

Source:Xinhua



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